Legal Tennessee Triple Crown Betting

Legal Tennessee Triple Crown betting is available for all residents in the state even though Tennessee isn’t exactly a hotbed for Thoroughbred horse racing anymore. Residents and tourists alike will explain how your area of the country is made for horse racing, as you can venture into multiple neighboring states that offer pari-mutuel wagering.

Because Tennessee doesn’t even offer simulcast betting in the state, residents who wish to wager on the Triple Crown – which is comprised of the Kentucky Derby, the Preakness Stakes, and the Belmont Stakes – can either make the trip to one of those states or stay home and bet on the ponies via an online racebook like Bovada, BetOnline, and others. As these books operate overseas and outside of US purview, they are 100% legal to join and use for all TN residents.

Our guide to Triple Crown betting in TN will cover the wagering types you will find when looking at a racebook, the ability to wager from your phone, and we’ll even offer the odds for the upcoming events. There is a lot of information; however, it is very easy to follow. If you have any more questions, check out the Tennessee Code, which can answer anything that we missed out on.

Best Racebooks For Legal Tennessee Triple Crown Betting

The best racebooks for legal Tennessee Triple Crown betting are available at the sportsbooks with which over one million TN residents are already familiar. Sites like Bovada, BetOnline, SportsBetting, MyBookie, BetDSI, and BookMaker all offer odds on every Triple Crown race, so you can bet on the Kentucky Derby, Preakness Stakes, and Belmont Stakes (and any other horse race) with confidence and security.

All of these top racebooks are seasoned veterans in the industry, and each has simple payment options, comprehensive horse betting boards, and guaranteed payouts for every Tennessee patron for sports betting in Tennessee.

Best Tennessee Raceebooks - 100% Trusted + Safe

Triple Crown Wager Types

Like all horse betting, Triple Crown wager types are pool-based, which is customarily referred to as pari-mutuel betting. This means that, regardless of what the odds on any given horse are leading up to the race, the real payout ratio won’t be known until all bets are in and the race actually starts. Still, most sportsbooks are experienced enough that their predicted moneylines are generally close to the final moneylines once the betting window is shut.

TN residents wagering on the Triple Crown will have the standard options, including win bets, place bets, and show bets (or “straight bets”). Additionally, there will also be the so-called “exotic bets,” which are all different riffs on the classic gambling parlay. These include exactas, perfectas, trifectas, superfectas, duet bets, quadrellas, Super 5s, and many more, and each of them pay out considerably better for winners than standard straight bets on the field’s favorites.

Mobile Triple Crown Betting Apps For TN Residents

While there are no mobile Triple Crown betting apps for TN horse race betting fans (you can thank Apple and Google for that), the best racebooks and sportsbooks have all designed dedicated mobile web pages for their busy, on-the-go customers. And that’s a very good thing because mobile betting is an even bigger development in the horse racing industry than was the advent of simulcast betting many decades ago. Now anyone – no matter where they are – can wager on any horse race, anywhere in the world. It’s simulcast betting on steroids, and it fits right in your pocket or purse!

Legal Tennessee Triple Crown Betting Deposit Options

All of the top racebooks and sportsbooks offer several legal Tennessee Triple Crown betting deposit options, with credit and debit buy-ins being the most popular methods. These are instantaneous, but they do carry smaller transaction limits than other deposit types.

For those who really want to win big on the Triple Crown, Internet racebooks and betting shops offer bank wire transfers, personal checks, and money orders as deposit options, though these carry high fees and take up to two weeks to clear. For the more technologically-inclined, cryptocurrency is a good option, as transfers clear in just a few minutes, and there are minimal processing fees and adequate limits for most high rollers. (Bovada accepts Bitcoin and Bitcoin Cash, while BetOnline and SportsBetting accept Bitcoin, Ethereum, and Litecoin.)

Legal Tennessee Triple Crown Betting Withdrawal Options

When you’re ready to cash out, you’ll have several legal Tennessee Triple Crown betting withdrawal options at your disposal. However, since the top racebooks and sportsbooks no longer offer card chargebacks, most TN residents elect to be paid via bank wire, courier check, or money order. As with deposits, these methods can take up to 14 days to show up in your stateside bank account. However, cryptocurrency bypasses this wait time, with Bitcoin, Bitcoin Cash, Ethereum, and Litecoin all taking just minutes to clear. With crypto’s tiny processing fees, you can even keep more of what you win!